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POSCO Group announced a strategic partnership to acquire more than a 10% equity stake in Cleveland-Cliffs Inc., with an investment estimated to exceed ₩1 trillion (approximately USD 730 million). The MOU was signed on October 31, 2025.
“POSCO Group announced a strategic partnership with Cleveland-Cliffs Inc., the second-largest steel producer in the United States, marking a major step to strengthen its presence in the North American market.”alphabiz.co.kr
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